Class Exercise 16/01 - Crowdsourcing Business Model

Is crowdsourcing a business model? or just a Flashmob?

Today we will look at 4 online businesses that use crowdsourcing as the basis of their business model.

Group 1

http://www.mob4hire.com/ or Fr version

Group 2

http://www.elance.com/ or FR version

Group 3

http://www.crowdspring.com/ or FR version

Group 4

http://99designs.com/ or FR version

Group 5

https://www.mturk.com/mturk/welcome

Your group has 1 hour to do a FULL e-business analysis - use the analysis framework.

Key elements to present to the class - a brief summary - are:
-how do they generate revenue
-what model(s) are used
-is there application for other industries - cite an example.
-how can the model be enhanced??

MBA level work - impress us!!!